Some people would ask, “if the number of homes being sold is increasing, and the number of homes on the market is decreasing, isn’t the reduced supply causing the price point to increase?”
It is, in some areas. The law of supply and demand is hard at work here in the Scottsdale market, just as [...]
Continue Reading →It’s not a big surprise considering the number of homes that have been selling recently that the inventory has depleted considerably and the availability of affordable housing is drying up after this massive real estate hemorrhage.
I cannot tell the future, but I can see when there’s a break in a pattern, as you will [...]
Continue Reading →Turmoil. That may be the first word you think of when you hear the word economy. Believe me, I hear it and feel it every day too! With talks of bank failures, bail-outs, stock values, election campaigns…whirrrrrrrrrrr BANG! That’s what happens inside my little brain. I tend to want to shut down and ship out.
[...]
Continue Reading →On the 16th of September, Freddie Mac hit an all time low of 25.9 cents. Wow…just imagine, you could have purchased 1000 shares for $259.00.
Today, in afterhours trading, Freddie Mac is currently going for $2.04. Your little $259.00 investment on the 16th would now be worth $2040.00.
There’s really no point in looking back [...]
Continue Reading →Affordability Calculator
Monthly Gross Income $ Monthly Debt Expenses [?] Monthly Debt and Obligations Should Include:
- Monthly Credit Card Payments
- Monthly Auto Payments
- Monthly Child Support
- Monthly Association Fees
- Other Monthly Obligations, but NOT utility bills.
$ Down Payment: $ Interest Rate: % Mortgage Calculator
$ % yrs % $ Topics of Interest
Posts from OwingMoneySucks.com- Tax Refunds Are Bad For The Economy February 5, 2012
- Please, I Beg of You, Get In The Know December 19, 2011
- Really, Fannie Mae? December 7, 2011
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